AP Source: Angels, Anthony Rendon reach $245M, 7-year deal
SAN DIEGO — Third baseman Anthony Rendon and the Los Angeles Angels agreed to a $245 million, seven-year contract Wednesday, a person with direct knowledge of the deal told The Associated Press.
The person spoke on condition of anonymity because the agreement had not been announced and was subject to a successful physical.
Rendon gets a $4 million signing bonus payable by Dec. 31 and salaries of $25.5 million next season, $27.5 million in 2021, $36 million in 2022 and $38 million each year from 2023-26. He would receive a $250,000 bonus for World Series MVP, $150,000 for League Championship Series MVP, $125,000 for election as an All-Star starter and $100,000 for selection as a reserve.
Rendon is the third prized free agent to strike a big-money deal at this week’s baseball winter meetings. He’ll join three-time MVPs Mike Trout and Albert Pujols on a team that’s made just one post-season appearance in the past decade.